Notice: Undefined variable: images_size_articles_big in /home/jnico/public_html/catalog/controller/newsblog/article.php on line 135Notice: Undefined variable: images_size_articles_big in /home/jnico/public_html/catalog/controller/newsblog/article.php on line 135Warning: imagecreatetruecolor(): Invalid image dimensions in /home/jnico/public_html/system/library/image.php on line 105Warning: imagecolorallocate() expects parameter 1 to be resource, bool given in /home/jnico/public_html/system/library/image.php on line 113Warning: imagefilledrectangle() expects parameter 1 to be resource, bool given in /home/jnico/public_html/system/library/image.php on line 116Warning: imagecopyresampled() expects parameter 1 to be resource, bool given in /home/jnico/public_html/system/library/image.php on line 118Notice: Undefined variable: images_size_articles_small in /home/jnico/public_html/catalog/controller/newsblog/article.php on line 136Notice: Undefined variable: images_size_articles_small in /home/jnico/public_html/catalog/controller/newsblog/article.php on line 136Warning: imagecreatetruecolor(): Invalid image dimensions in /home/jnico/public_html/system/library/image.php on line 105Warning: imagecolorallocate() expects parameter 1 to be resource, bool given in /home/jnico/public_html/system/library/image.php on line 113Warning: imagefilledrectangle() expects parameter 1 to be resource, bool given in /home/jnico/public_html/system/library/image.php on line 116Warning: imagecopyresampled() expects parameter 1 to be resource, bool given in /home/jnico/public_html/system/library/image.php on line 118 Lucapa Fourth Sale of Year Raises $1.3 Mln

Lucapa Fourth Sale of Year Raises $1.3 Mln

Luanda: Lucapa Diamond Company said its fourth sale for 2017 of alluvial diamonds from the Lulo diamond project in Angola of 1,878 carats sold for $1.3 million with an average price per carat of $695.

The latest sale brought gross proceeds from Lulo diamond sales to date in 2017 to $14.5 million at an average price per carat of $1,747.

Lucapa said the quality of the Specials (diamonds weighing more than 10.8 carats) in the latest sale parcel, sourced primarily from new Mining Block 28, were lower than in previous sale parcels.

With the Angolan wet season over, Lucapa and its partners expected to resume alluvial mining operations at the high-value Mining Blocks later this month.

  • Lucapa Fourth Sale of Year Raises $1.3 Mln